Novorossiysk Commercial Seaport OJSC (NCSP) has paid coupon profit of fifth eurobond coupon to be extinguished in 2012. As per the company’s press-center information the amount of income to be paid amounted to $10.5 mln ($35.0 per each bond). The timely payment was done in full.
Coupon profit is paid twice a year; coupon rate is 7% per annum. Emission volume amounted to $300 mln.
Bonds emission (ISIN XS0300986337) was given a credit rating Ba1 of Moody's agency and BB+ rating of Standard & Poor's.
Novorossiysk Commercial Sea Port (NCSP Group) is Russia’s largest port operator. Main Group’s assets are concentrated in Novorossiysk port which is the largest Russia’s port and sixth largest port in Europe. NCSP OJSC shares are quoted at RTS exchange and Moscow Central Stock exchange (as NMTP), as well as London Stock Exchange (as NCSP).
In 2008, the Group’s throughput totaled 81.6 million tons. Its consolidated income for 9 months of 2008 under international accounting standards amounted to $653.777 mln, EBITDA - $376 mln, net profit - $210.6 mln.
The Group comprises the following stevedoring companies: Novorossiysk Commercial Sea Port OJSC, Novorossiysk Grain Terminal OJSC, Novorossiysk Ship Repair Yard OJSC, NCSP Fleet OJSC, Novolesexport OJSC, IPP OJSC and Baltic Stevedore Company LLC.
Coupon profit is paid twice a year; coupon rate is 7% per annum. Emission volume amounted to $300 mln.
Bonds emission (ISIN XS0300986337) was given a credit rating Ba1 of Moody's agency and BB+ rating of Standard & Poor's.
Novorossiysk Commercial Sea Port (NCSP Group) is Russia’s largest port operator. Main Group’s assets are concentrated in Novorossiysk port which is the largest Russia’s port and sixth largest port in Europe. NCSP OJSC shares are quoted at RTS exchange and Moscow Central Stock exchange (as NMTP), as well as London Stock Exchange (as NCSP).
In 2008, the Group’s throughput totaled 81.6 million tons. Its consolidated income for 9 months of 2008 under international accounting standards amounted to $653.777 mln, EBITDA - $376 mln, net profit - $210.6 mln.
The Group comprises the following stevedoring companies: Novorossiysk Commercial Sea Port OJSC, Novorossiysk Grain Terminal OJSC, Novorossiysk Ship Repair Yard OJSC, NCSP Fleet OJSC, Novolesexport OJSC, IPP OJSC and Baltic Stevedore Company LLC.